Today I bought another 20 calls that exp 01/24 with a strike of $25. That gives me a total of 40 calls @ $0.40cents avg price. If price makes another low, I might just buy another 10-20 calls. Today however, we hit $0.01 from the 0.786 fib retracement and proceeded to have a pretty strong retrace after that. On the 3min chart we came just shy of making a new high on MACD. Had we made that new high, I would say probability we bottomed to be high. Since we didn't, I would say there is a 50/50 shot at this time. Should we continue to raise tomorrow and make that new high then it will be a nice big indicator we're headed up.
Until we get our answers, I am content with my positioning. Should price move in my favor this will be a very lucrative trade. Good Luck all!!
Bonam Fortunam,
--Tyler
Until we get our answers, I am content with my positioning. Should price move in my favor this will be a very lucrative trade. Good Luck all!!
Bonam Fortunam,
--Tyler
Note
First line breachedNote
This is a micro 5 wave count right here. It needs to be followed by a 3 wave retrace and then take off impulsively. That will confirm we have in fact bottomed in wave II and started wave ((1)) of III.Note
LOOKING GOOD!Here is the 3min showing we breached both lines I made on the MACD
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Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
Bonam Fortunam,
--Tyler
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.